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Adidas Current Ratio

 
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Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.

Adidas

Current Ratio

=

Current Asset

Current Liabilities

=
1.45 times
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e. Current Ration of 2 to 1).
Compare Adidas to competition

Adidas Current Ratio Assessment

In accordance with recently published financial statements Adidas AG has Current Ratio of 1.45 times. This is 37.23% lower than that of Consumer Goods sector, and 60.92% lower than that of Textile - Apparel Footwear and Accessories industry, The Current Ratio for all stocks is 56.46% higher than the company.

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Found 5 equities

Current Ratio

NKE GERNike Inc
3.39 times
ADS GERAdidas AG
1.45 times
PUM GERPUMA SE
2.19 times
GHH GERGeox SpA
1.67 times
VOS GERVossloh AG
0.97 times
You can backtest this sub-set of assets as a synthetic portfolio or check its risk adjusted returns  
Adidas is rated fourth in current ratio category among related companies.

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Adidas AG Profile

ADS#DE000A1EWWW0DE
Adidas AG
Germany Stock
Currency: EUR - Euro
Traded on XETRA Stock Exchange
 

Other Adidas Fundamentals

Return On Equity14.67 %
Return On Asset6.30 %
Profit Margin5.43 %
Operating Margin8.09 %
Current Valuation15.7 B
Shares Outstanding209.22 M
Price to Earning20.69 times
Price to Book2.97 times
Price to Sales1.12 times
Revenue14.49 B
Gross Profit7.14 B
EBITDA1.41 B
Net Income787 M
Cash and Equivalents1.69 B
Cash per Share8.07 times
Total Debt1.35 B
Debt to Equity0.25 times
Current Ratio1.45 times
Book Value Per Share26.24 times
Cash Flow from Operations634 M
One Year High93.22
One Year Low73.56
Earnings Per Share3.76 times
Number of Employees43.54 K
Market Capitalization16.28 B
Total Asset11.6 B
Retained Earnings4.96 B
Working Capital2.12 B
Current Asset6.86 B
Current Liabilities4.73 B
Z Score8.2
Probability Of Bankruptcy6.50 %
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